EMCORE Corporation (EMKR) Signs Advantageous Agreement
EMCORE Corporation (EMKR), a leading provider of semiconductor components and systems, announced that the company has signed a memorandum of understanding for the supply of 60MW of solar power systems. These systems will be delivered to Ontario, Canada over the next three years. According to this agreement, EMCORE will supply and install turnkey solar power systems that utilize their propriety technology in the Sault Ste Marie area. EMCORE will also be granted the right to use additional solar technology during the initial construction of this project. The project developer, Pod Generating Group, has already secured the licenses and permits for…